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Politecnico di Milano

Fundamentals of financial and management accounting

This is an introductory course on financial and management accounting. The first part of this course will introduce the basic accounting principles and accounting terminology to understand how a company keeps control of financial events and provides information on how it is performing. These basic concepts will support the analysis of financial reports companies prepare. We will go through balance sheet, income statement, financial statement, learning how to read and analyze them. The course will also provide the basis of management accounting introducing some techniques (e.g. break- even analysis or NPV) to support managers in making short-term and long-term decisions, such as "Is it convenient to dispose a production machine and buy a new one?" or "How many products should the company sell in order to break-even?" The course will bring examples and case studies that will help students better understand the practical applications of the basic accounting principles and techniques. At the end of the course, students will be able to read, understand and analyze financial documents and to apply simple techniques to analyse costs and evaluate capital investment decisions.

Status: Financial Reporting
Status: Financial Analysis
BeginnerCourse12 hours

Featured reviews

KU

5.0Reviewed Feb 2, 2021

I learnt a lot from this course. Well planned and explained material. I loved the accent of the instructor.

KR

5.0Reviewed Sep 28, 2020

It's easy to understand the topic in financial and management accounting. The lecture are well explained and easy to follow

JJ

5.0Reviewed Oct 28, 2020

This course was very much useful for my career and I came to know much about cost and financial accounting.The videos and the explanation were clearly explained .Thankyou mam.

SS

5.0Reviewed Sep 22, 2020

Nice course I glad to learn more about fundamental of financial and management accounting in detail

AM

4.0Reviewed Aug 17, 2022

The lectures were good but the quizes were too easy , if somehow the questions can be revised i would give it 5 stars.

GA

5.0Reviewed Feb 11, 2021

Great experience! Concepts were explained in simple terms. Exercises and tests allows one to put the concepts in to practical situations

AH

4.0Reviewed Sep 24, 2020

its very nice and informative its good for university students or anyone who wants a course on accounts

AP

5.0Reviewed Jan 6, 2022

Thank you so much for the opportunity to improve my skills. I found the course to be very well presented and I really am motivated to do as many courses as I possibly can!Thank you once again x

US

5.0Reviewed Dec 21, 2022

Hi, Is there any course relating to CASH FLOW STATEMENT?If, Please let me tell.Regards,Usman Shahzad

FC

5.0Reviewed May 11, 2023

This is a wonderful course to clear the basics on financial statements that touches upon the basics of cost accounting and finance accounting, It was great doing this on Cousera.

GS

5.0Reviewed Mar 4, 2021

The whole course goes straight to the point of understanding how a company works and the lessons can be related to your context if you want to run your own business.

SG

5.0Reviewed Feb 7, 2021

The good course as it helps us to understands the basics of finance and the way of explaining is also good.

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